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Search Results 0 to 27 of about 28 (some duplicates have been removed)
FOX Business
Feb 26, 2014 8:00pm EST
cutting the annual deficit in half to reduce the overallebt of united states by $trillion over the next 10 years. neil: i heard that it stu with me immediately said he justo an allied made ising the debt is coming down it will shrk $3 trillion over the next 10 years? it is what. what will happen is it will grow $3 trillion less than rethought. that is a big difference. sa debt will grow at 21. 3 trillion that is not the t the cbo. it is not the $3 trillion decrease but $8 trillion inease may be sheikh factors in those savings but far that does not mean fear is less redink. but with washington less than we feared so no need to fear. not so fast. it is a twisted way that the senator says we're making progress. cause if you define progress then you must be foetting yu are digging a hole consists of a. it is ime for the wake-up call the debt is getting bigger. that is like me saying i m projected to gain 50 pounds over the next decade but i am only gaining four days so i lost 10 pounds. but i d not gain 40 pounds? it could have been 50 but fat chance we would die this. what do you think that w
FOX Business
Mar 5, 2014 5:00pm EST
program which is 24 billion in deficit spending. will this legislation put us further into the deficit? >> no, not at all. in fact, this bill, unlike the senate version which, you know there was a lot of discussion over the senate version, this bill is actually 100% paid for, and, generates about $165 million, according to the cbo, of revenue over five years. so it pays for itself. it is not a tax because it, it pays for itself only for those within the national flood insurance program. so if you're not in a flood zone and you don't have flood insurance, this doesn't affect you. but if you are in the flood insurance program and your primary residence you will pay a user fee to pay in the program of $25 a year. very reasonable. that will pay for the program. gerri: i got it tell you, 200 million over five years? that doesn't do anything over4 billion in debt the program is already n how will we pay that off? >> well it is still better than nothing. had we done nothing, there wouldn't be 165 million toward that debt. that is number one. second thing that number is not completely
FOX Business
Feb 26, 2014 11:00pm EST
the annual deficit in half to reduce the overall debt of united states by $3 trillion over the next 10 years. neil: i heard that it stuck with me i immediately said he just out to an allied made i the debt is coming down it will shrink $3 trillion over the next 10 years? it is what. what will happen is it will grow $3 trillion less than rethought. that is a big didifference. said debwill grow at 21. 3 trillion that is not the but the cbo. it is not the $3 trillion decrease but $8 trillion increase may be sheikh factors in those savings but so far that does not mean fear is less red ink. but with washington less than we feared so no need to fear. not so fast. it is a twisted way that the senator says we're making progress. because if you define progress then you must be forgetting you are digging a hole consists of a. it is time for the wake-up call the debt is gettingg bier. that is like me sayi i m projected to gain 50 pounds over the next decade but i am only gaining four days so i lost 10 pounds. but i did not gain 40 pounds? it could have been 50 but fat chance we would die this
FOX Business
Mar 2, 2014 2:30am EST
is bloated in this country. and it is a driver of our deficit. it is a huge driver. >> you are riding a pyre in a crowded movie theater now. maybe there are ways to cut back on certain areas of the military. but, however, on the back, we have to go. the thought of a military man having to pay more for his health care when we are flipping over backwards to make sure pajama boy gets his free obamacare, this sin sanity? >> it is insanity. it is a disgrace. we should be treating our military better and should keep that in mind when president obama claims to be caring about the military when they are balancing the budget and do the entitlement programs in the system off of the back door military person well we will have to leave it will. thank you very much. you can keep the conversation going on twitter. >>> the obacare surcharge that may have you doing this the next timeou get yr restaurant bill. closer look to the receipt the next time you dine out. getting slapped with a 1% affordable caring act surcharge. first it was a restaurant in l.a. and now a strant chain in florida. obam
FOX Business
Mar 2, 2014 1:00am EST
office says it will increase the deficit $6.2 trillion. if you like your doctor, you can keep your doctor. let's not go there. insure the uninsured. no. the ceo says the 75 million will still be uninsured. finally, brea. we talked about approval. forget all that. the american public doesn't want it. 92% want to change this or appeal it. we have a law that has absolutely no benefits the puic doesn't want. we are living with it. i can't understand it. >> well, david, maybe you can help us understand it. why do you think 50% of the uninsured want no part of this? >> well, it's a toll that's based on news they may hear or stories they may hear. to the extent some of those stories are misleading. you have julie bunstra from michigan who did an ad for a congressman running for the senate saying her premiums were going up. it turns out her premium on the affordable care act exchange went to 357 from $1,100 from before or benny in spokane in the state of the union response lamenting how she is now paying a premium of $700,000. guess what, we come to find out she did not go on the exchange
FOX Business
Mar 6, 2014 4:00pm EST
is running a budget deficit of about 8% of gdp of and energy subsidy program, that costs about 8% of gdp and has to be paid for in hard currency for imported energy and current account deficit of about 8% of gdp. they're virtually out of international reserves and have big foreign debts. something has to be done in a hurry because that is simply unsustainable. so we have -- cheryl: john, this is the no the first time that the imf has loaned ukraine money. and i'm curious if you think any of these loans in the past 20 years have been successful? in mid '90s, 3 1/2 approximately. 2.2 billion in '98. 16.4 in 2008 went to ukraine. have any of these programs been successful? >> the most recent programs haven't actually been completed exactly because ukrainian authorities didn't implement the promised and agreed reforms. and as a result the, those operations were suspended and ukraine didn't receive the fund. of course there will be very specific agreements in an imf accord but ukrainian policy changes that are absolutely necessary as i just described in order to avoid much more dire o
FOX Business
Mar 1, 2014 9:00pm EST
, $660 billion. that just covers today's deficit does not touch the $30 trillion unfunded liability. >> it is the tention of the people. everody can take advantage same thing with medicare. john: what if we phase out the unsustainable entitlements letting the young people opt out? from paul propose that. >> would you consider opting out of the whole system under on condition that you pay 10 percent of your income but you take care of yourself and dn't ask the government for anything. heers and applause] john: he got a standing ovation. >> that is the liberty to star in the streets as an elderly person? >> i am responsible for myself. >> we're doing real-time experiment you can see the for a 1k programs they have been pretty much a ilure. there is a lot of the tax breaks that go to the rich. john: people have been since they can control. >> they are not saving even enough bically and it is difficult for people to save that way. peoplsuffer. a bunch of towns have already gone bankrupt one was prpritchard alabama. john: recently retired from the fire department after working 35 years.
FOX Business
Feb 27, 2014 9:00pm EST
penny for millionaires, it would be about $660 billion. and that just covers today's deficit. >> everyone contribute to social security and everyone will take advantage of it when they hit and all the glh in the thinking of medicare. >> what we faced up to animal entitlement by letting people opt out? >> would you consider opting out of the whole system under one condition? donath the government for anything. >> we got a standing ovation. so what is wrong with that? >> i take care of myself and. >> we are doing a real-time experiment over the past couple of decades. we have been seeing the 401k programs that have been meant to type about retirement security. >> people suffer. john: this man was fired after working 35 years for the city. he had hoped to relax and travel. now at age 66, he is a security guard at the local mall. >> we put our money in every payday. >> i think that is very important as to why there should be federal programs. they're going to come and go with the economy. it used to be an industrial powerhouse. >> politicians are either good or responsible. >> i
FOX Business
Feb 26, 2014 10:00pm EST
of issues that are important. let's start wwth the debt. let's start with the incredible deficit and the size of government. >> we have a tax problem and a spendi problem. and it basically came to a grounding al. lou: what are you going to do about lois lerr? dirty have the attorney general in contempt. what are you going to do a former senior irs offcial? he's basically told you guys to buzz off. i have a bill, hrr 1950 that iminalizes this action. lou: retroactively? >> the questio is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligentlto hold these people accountable to make re this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that.
FOX Business
Feb 26, 2014 11:00am EST
nucleus to correct from deficits for tell burterrible illnesses to pt blindness in the third person providing that healthy dna. all the characteristics of what may be a person of than an illness are conveyed by the biological parents. i don't have a problem with that. if all you are donating is the healthy environment in which the traits that belong to two biological parents are to grow, that seems okay to me. stuart: it will be taking a bit further, won't it? you are getting designer babies. >> now allow anonymous and oregon donation. it deprives the offspring of knowing their biological parents. will not even consider this. donate or over him. so is a kid doesn't know who the dad or mom is. what o you need to know that for? it is the key to who you are spiritually, medically. stuart: i am with you all the way. i'm not sure i see a way of banning it and stopping it when it gets to that kind of situation. how do you stop that? i'm going to touch on one of your favorite subjects. social media apps. you are not a fan of social media, but in this case social media is organizing tyrus.
FOX Business
Feb 27, 2014 11:00am EST
change that system. if that retains what would happen with the $17 trillion deficit? stuart: we have asked you this before. what are we going to do? you told us you are out there, we want to bring people together. not looking for a radical opposite to what is going on. you want to bring people together to find solutions and i know you have been out there looking. do you think it is possible to establish a consensus? is it possible to bring people together over a course of action that will take us in a different direction in the future? >> it is very possible. we need to start talking. never have a conversation with your adversary because that humanizes them and your job is to demonize the. we see a lot of that going on. that is not what we want. in the pre revolutionary days of america people need to get together with their friends and family and talk about what kind of america do you want to have? talk about who your representatives are and how did they vote. not how they said they voted but how did they vote. you need to know that because you need to talk to your 87-year-old and wh
FOX Business
Feb 27, 2014 10:00pm EST
in that direct overtime, we have large budget deficits, when we moe out to 2018, baby boomers begin to retire if great numbees. lou: why are the republicans having a har time remembering that it is about reding will le of spending here? why i that difficult in that document that he put out there, in my opinion, could have come from the obama white house. >> mm-hmm, that is -- how do you curb spending overtime, that is politically unpopular there is the problem. when you talk about changing tax code, peoe are not go many are not going to are having happy, if they lose tax deductibility of for municipalonds. lou: i think ts document wil reside to the sidelines, at the very best. lou: there is really no escaping retal. >> hunl demands toe made of fedel government not too many years from now. lou: john lonski thank you, we apprecte >> new reports city nationwide are doing away with red light cameras. among concerns about the red lights, what they really amount to, their worth. their invasiveness, what they increase traffic accidents. usage of these cameras has fallen. by 6% since 2012.
FOX Business
Feb 26, 2014 5:00pm EST
. >> since president has been in office we have reached the point where cutting the annual deficit in half to reduce the overall debt of united states by $3 trillion over the next 10 years. neil: i heard that it stuck with me i immediately said he just out to an allied made ising the debt is coming down it will shrink
FOX Business
Feb 27, 2014 11:00pm EST
think? >> a real uphill battle, i think that jerry brown has proven he took a deficit now it is a surplus, rating agents have given us better marks. i think he is making progress in terms of environment and other issues. i question whether we need to devide the state to pieces, butven if we did. the u.s. senate would have to approve the admission of 10 new senators. in to their body, diluting their power. why does senator from nevada or alabama or ohio want to give california 10 more senators? neil: his logic does make sense, at leastase level, that is that it is a very big state. unwieldy state, in so far as interests and you kw even physical connects are very desperate throughout the state, i d't kw if that means you have to have 6 different states, but it makes it disfunctional. what do you make of that argument and why the 6 pieces? >> i don'tnow why the 6 pieces. we have north and south carolina, and nth and south dakota, two states is possible, that was tried 1 in late 1850s, but. there is no way on earth that the u.s. congress is going to dilute its power and give more por
FOX Business
Mar 3, 2014 11:00am EST
work done to get the state going in order to pay off its deficits. charles: everybody saying marijuana is this thing like smoking cigarettes with no negative impact to it. there is a negative impact. >> we wish somebody in d.c. just as blunt about health care incentivizing to play the ppano while somebody subsidizes them to leave their job. charles: you can't make this stuff up, exporting goods is suing the ceo of what else for allegedly pretending to be a senior executive, he told the store manager he had a meeting with the ceo and persuaded the employees to show him around in the private back areas and answer questions about the operations. is that balls he or what? >> is this true? a secret agent man pretending he is an employee? charles: a senior executive. >> i think it is a right if it is true, it is a little bit over the top. charles: it is embarrassing to say this guy walked in and anyone could have done that. >> they should give him a coupon, think it is funny. charles: ukraine is spooking the market. your take is next. ♪ see what's new at projectluna.com >> the russians nee
FOX Business
Feb 26, 2014 7:00pm EST
debt. let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligently to hold these people accountable to make sure this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that. you and your committee have done brillian
FOX Business
Mar 5, 2014 4:00pm EST
make sure it would be deficit neutral or project to be deficit neutral. all of this the administration according to official he doesn't think there are anymore major changes on the way for obamacare by end of this year, but still another accommodation the administration announcing now. if you like your plan you can keep it. the president had to make the change to the administration's law to do so. that accommodation is extended for two more years after the next presidential election. back to you. david: some people call that risk corridor a bailout. we'll wait and see. thank you very much, rich. >>> fireeye shares are soaring right now. they're up more than 8%. let's head back to adam shapiro on the floor of the new york stock exchange. adam. >> not bad for a company which had its ipo in december. daniel ives raised his price target to $100 up from $90. they hit a new high, $97.35. year-to-date the security firm shares are up 118%. one. new billionaire on the forbes list is founder. this company again the ipo in september. the company has been around since 2004. shares a
FOX Business
Mar 6, 2014 1:00pm EST
administration has changed the map on that to make sure that it does not run at a deficit. insurance companies could get hit by this. they say that the change could result in higher premiums. back to you. cheryl: the health care battle. your freedom could be at risk. you say that because of all the changes for obama care, the country is in danger. >> you said openly i can do this with a pen and a phone. meaning he can write and executive orders. we essentially have slid -- the constitution is meaningless in this man's mind. he does not pay any attention to it. he has changed obamacare as a law. whether you agree with it or not, it is a law. he has changed it 38 times. you cannot just stage a law by fiat. oh, i do not like the law i will rewrite it. that is what he is doing. that you cannot do. that is against the constitution. they do not stand up to him or say anything about it. they finally go about it in order to do this. they are just as guilty. the congress says we do not know what this is. the intent of the law is xy or z. then the agency turns around and make their own rules a
FOX Business
Feb 28, 2014 2:00pm EST
since the days of roman empire. its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year suspended prison sentence and will mead to pay $5 million in fines. >>> do you ever have too much money? i don't think so. don king doesn't. we'll ask him during the break. we'll be right back. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new yk state. move here. expand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to
FOX Business
Feb 27, 2014 3:00pm EST
what was a pretty significant deficit into a smaller surplus, but a surplus nonetheless. once again, governor jerry brown going to go for it once again, running for re-election. by the way, next wednesday i'm going to california, and we will be with governor jerry brown because he is striking an innovation partnership with the prime minister of israel, benjamin netanyahu. we will have a first on fox business interview with netanyahu next wednesday. stay tuned for that. >> closing bell ringing in 45 minutes. weight loss is a $40 billion industry, and some americans will do or spend anything to shed the pounds. that's why companies like nutrasystem are making handsome profits. they've just come out with numbers that the market didn't love, but the stock is up more than 100% over the past year. dawn has been at the helm of that turn around of nutrasystem. coming in live, first on fox business, we'll ask her about the proposed new labeling of food. >>> and what does blackstone's steve schwartzman have in common with lady georgia and madonna? fox business' exclusive interview tells all.
Search Results 0 to 27 of about 28 (some duplicates have been removed)